ONLINE ABSOLUTE REAL ESTATE AUCTION
Bidding begins closing Tuesday, September 15th at 6:00PM
University Town Centre Drive
Morgantown, WV
138.01± Acres Surrounding the University Town Centre
SELLING TO THE HIGHEST BIDDER
Located throughout the highly desirable University Town Centre development in Morgantown, this exceptional offering includes 138.01± acres of commercial development property strategically positioned within one of North Central West Virginia's premier retail, dining, hospitality, and commercial destinations.
The property consists of multiple parcels surrounding University Town Centre with convenient access to Interstate 79, U.S. Route 19, and the greater Morgantown area. Surrounded by established commercial development, hotels, restaurants, entertainment, healthcare, and West Virginia University, these properties offer outstanding potential for future commercial, mixed-use, office, hospitality, multifamily, retail, or investment development, subject to applicable zoning and governmental approvals.
Large commercial land offerings within University Town Centre are rarely available. Whether your plans include immediate development, expansion of an existing portfolio, or long-term investment, this auction presents a unique opportunity to acquire strategically located commercial real estate in one of West Virginia's most active growth corridors.
Property Highlights
138.01± Total Acres
Multiple Commercial Development Parcels
Located Throughout University Town Centre
Excellent Access to Interstate 79 and U.S. Route 19
Minutes from West Virginia University
Outstanding Commercial Development Potential
Legal Description
The property hereby conveyed is included for real property tax purposes in the 2026 assessments of Monongalia County, West Virginia, and consists of the following parcels:
District | Map | Parcel | Owner | Description |
Granville | 9 | p/o 2 | CNX LAND LLC | 32.541 AC SUR DENTS RUN |
Granville | 4 | 15 | CNX LAND LLC | 13.77 ACS SUR |
Cass | 15 | 19 | BOJAN LLC | 1.2276 AC CAL SUR A H TAIT GOLDEN MEADOWS ADDITION |
Cass | 15 | 18 | BOJAN LLC | 1.132 AC SUR A H TAIT GOLDEN MEADOWS ADDITION |
Cass | 15 | 18.2 | BOJAN LLC | 1.5954 AC CAL SUR A H TAIT GOLDEN MEADOWS ADDITION |
Cass | 15 | 18.3 | BOJAN LLC | .17 AC SUR A H TAIT GOLDEN MEADOWS ADDITION |
Granville | 9 | 2.1 | DELIGHT OHIO RIVER LLC | 7.79 AC SUR DENTS RUN |
Granville | 9 | 2.2 | MON-VIEW LLC | 39.103 AC SUR DENTS RUN |
Granville | 9 | 1 | MON-VIEW LLC | 14.17 AC SUR DENTS RUN |
Granville | 8 | 1 | MON-VIEW LLC | 11.9975 AC SUR NEAR RIVER (FLOOD AREA) |
Granville | 8 | p/o 1.24 | CPI-GREP DOMAIN OWNER LLC | Portion of 93.61 AC SUR "THE DOMAIN" (remaining portion not conveyed in DB 1366/117) |
Westover | 13 | 2 | MON-VIEW LLC | 0.68 AC DENTS RUN |
Total Acreage: 138.01± Acres
20% earnest money deposit required following the close of the auction. 10% buyer’s premium. 45 days to close. Property will be conveyed by Quitclaim Deed. Purchase agreement and form deed available for review upon request. Please read full terms and conditions before bidding.
AUCTION TERMS
- 20% nonrefundable down payment required the day of the sale in certified funds or with a bank letter of guarantee, acceptable by auction company, with the balance due at closing.
- 10% buyer's premium will be added to determine the final contract price.
- Closing within forty-five (45) days of execution of real estate purchase agreement.
- Closing is not dependent upon buyer obtaining financing or the satisfactory results of any title examination, survey or inspection.
- Property is sold as is, where is, with no warranty as to condition or title
- Quitclaim deed with no warranty as to title
- Surface rights being sold only - all minerals excluded
- Buyer to take possession of property at closing subject to any occupancy by current tenants. Buyer will be responsible to negotiate and enter into a new lease with the tenant following closing, if they so choose, or take steps necessary to evict.
- Following the auction, seller will send out all termination of lease notices and eviction notices to any occupants
- All information contained herein derived from sources deemed reliable but not warranted. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate.
Agency Disclosure: Joe R. Pyle Auction & Realty Service is acting as Auctioneer/Agent and is an agent for the seller only.
Buyer Broker Information: Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the broker participation guidelines. Broker registration forms are available from the auction office. Call for broker registration form. Must be registered 24 hours prior to the auction. Brokers/agents are not entitled to a commission if they are the purchaser.
CLOSING REQUIREMENTS
FOR FULL DISCLOSURE REFER TO THE REAL ESTATE PURCHASE AGREEMENT
• Within five (5) business days following the auction, Seller and Buyer MUST agree on a Closing Company. If parties do not agree, then the law firm of Steptoe & Johnson shall act as Closing Agent.
• BUYER PAYS ALL CLOSING FEES
• Buyer agrees that Deed will be recorded by the Closing Company
• Transfer Taxes will be paid 50% by Seller and 50% by Buyer
• Pro-Rated - Utilities, water and/or sewer fees, real estate taxes and assessments, if any together with any other municipal services and other current expenses or charges, if any, shall be pro-rated on a daily basis, except that all rollback taxes triggered by the sale, shall be paid by Buyer, if any. For all foregoing expenses and taxes, Seller will pay up to and including the date of closing.
• Seller pays for Deed preparation
• Buyer pays for Buyer’s closing costs, recording fees to record the Deed and other closing documents.
• Buyer, if they choose to have title search completed and acquire Title Insurance, will be responsible for those charges
• REGARDING ANY OUTSTANDING LIENS – Buyer MUST notify Seller of any monetary and encumbrances within twenty (20) Business days of signing Real Estate Purchase Agreement; Within five (5) business days of Seller receiving WRITTEN notification from Buyer, Seller, in its sole discretion, may elect to either (1) Obtain the necessary Releases or (2) Terminate the Agreement
• Seller may extend closing date not to exceed One Hundred Twenty (120) days from date of execution of Real Estate Purchase Agreement, to allow them sufficient time to obtain any needed Releases.
We don't just list your property - WE SELL IT!
JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE
Joe R. Pyle, Broker
(888) 875-1599
5546 Benedum Drive Shinnston West Virginia 26431
Joe R Pyle WV212
Charlotte Pyle WV2174
Alan Heldreth WV2224
Jordan Kiger WV2246
Bob Stewart, Jr WV825
Bob Stewart, III WV1292
Todd Short WV1649
Tia Wolski WV2351
Ethan Moore WV2354
Taylor Ramsey WV2352
Nick Dawkins WV2410
Bud Shingleton WV1956
Colton McCown WV2463
Garrett Wilkerson WV2541A
Thomas Heldreth WV2520A
John Powell WV2481A
Taylor Self WV2521A
Kevin Zakariasen WV2482A
Brooke Patterson WV2536A
